News
Significance:
7/10

BNY explores tokenized deposits to power $2.5T daily payment network: Bloomberg

https://cointelegraph.com/news/bny-tokenized-deposits-blockchain-payments

Amin Haqshanas

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bullish
BNY is pioneering the use of blockchain for tokenized deposits to enhance its payment infrastructure.
Bullish
The adoption of blockchain for cross-border payments is expected to improve efficiency and reduce costs.